Guys, Why Is the Market Red? After Researching I Found This Reason
I went digging into what’s really pulling crypto down today, and it’s not some hidden issue inside the market. The main spark came from the latest U.S. inflation numbers—Producer Price Index came in hotter than expected. That instantly shook confidence because it means the Fed might hold off on cutting rates, and risk assets like Bitcoin and Ethereum always feel that pressure first.
Right after the data dropped, liquidations exploded. I watched hundreds of millions in longs get wiped out within an hour, and by the end of the day, it was over a billion. That kind of forced selling plus profit-taking from people who bought earlier made Bitcoin slip from near $124K down to around $116K-$119K, with Ethereum also taking a hit.
For me, this isn’t weakness in crypto itself—it’s just how sensitive the space still is to macro numbers. Don’t panic, moves like this happen when the market overreacts to economic data. I see it more as a reminder that timing and patience matter a lot when stepping in.
Ethereum $ETH is moving through its fifth wave of a larger third wave on the daily chart, maintaining strong bullish momentum above the $4,100 breakout level. Targets Ahead:
Short-Term Resistance Cluster: $4,500 – $4,560 – $4,680Main Near-Term Target: $4,600Larger Fibonacci Levels: $5,230 and $5,800 if the rally extends Support Zones: Immediate Support: $4,373 – $4,441Breakout Floor: $4,100Wave 4 Pullback Zone: $3,876 – $3,273 if a deeper correction starts Scenarios:
Bullish: Holding $4,373 could trigger a push to $4,600–$4,680, with room to extend toward $5,230–$5,800.Bearish Risk: Dropping below $4,100 could bring a wave 4 pullback to $3,876–$3,273. Market View:
ETH’s breakout above $4,400 is fueling momentum toward $4,600 next. Breaking into $4,680 territory could pave the way for $5,230 and beyond. Watch $4,373–$4,441 for short-term strength, and $4,100 as the key structural line in the sand. ⚠️ do it in your own risk
Ethereum Whale Trader 0xcB92 Wiped Out After $15.85M Liquidation
A high-stakes #Ethereum trader known as 0xcB92 has once again faced the brutal force of the market. Following $ETH ’s relentless climb, the trader was hit with another liquidation while holding a massive short position of 10,000 ETH — valued at $40.8M — at a new liquidation price of $4,114.3. On-chain data shows this latest blow added to an already painful streak, with losses from the position now reaching roughly $15M. Trade records reveal a series of short closes between $4,050 and $4,096, including a single move offloading 2,500 ETH worth over $10.24M. Unrealized losses on the remaining position hovered at $3.35M, further deepening the drawdown. But the pain didn’t stop there. After $ETH broke above $4,200, the market delivered the knockout punch — a full liquidation that erased the entire position. Lookonchain The final liquidation sequence saw: 8,000 ETH closed at $4,139.0 (-$34.87M loss)2,000 ETH closed at $4,118.6 (-$757.6K loss)2,500 $ETH closed at $4,096.2 (-$883.6K loss) In total, trader 0xcB92 has now suffered losses exceeding $15.85M, wiping their account down to just $249K from the tens of millions held earlier this year. This marks one of the most dramatic liquidations in recent ETH trading history — a stark reminder that when momentum shifts, even the biggest whales can get swallowed whole. #ETHBreaks4000 #CryptoIn401k #USFedNewChair #Notcoin
Ethereum and most Altcoins are now sitting around the key zones, If you missed to catch the moves, Buying now isn't a good idea in my opinion, it will be more like a fomo entry than a planned trade.
-Let the market either breakout of this zone and hold above it -Or let the market give you some pullback entries.
I have been sharing ethereum setups a lot. But if you missed it Its okay to miss out on a move but its not okay to FOMO.
One of the biggest mistakes traders make is getting emotionally attached to a position or a direction. You want the market to go up or down because of your bias but the truth is, the market doesn’t care what you want.
Charts > Emotions
Your feelings won’t make you money. Your bias won’t make you money. But reading the chart, following the trend, and listening to market sentiment can.
If the trend is bullish, go with it. If it turns bearish, adjust. Don’t try to fight the market just because your analysis said something else.
Sometimes we want to prove we’re right. But in trading, being right doesn’t matter being profitable does. Forcing your analysis on the market is like trying to swim against a strong current. You’ll just get tired and lose money.
The easiest and smartest way to win in trading is Go with the flow. Let the chart tell you the story. Watch the sentiment. And move with the market, not against it.
One of the biggest mistakes traders make is getting emotionally attached to a position or a direction. You want the market to go up or down because of your bias but the truth is, the market doesn’t care what you want.
Charts > Emotions
Your feelings won’t make you money. Your bias won’t make you money. But reading the chart, following the trend, and listening to market sentiment can.
If the trend is bullish, go with it. If it turns bearish, adjust. Don’t try to fight the market just because your analysis said something else.
Sometimes we want to prove we’re right. But in trading, being right doesn’t matter being profitable does. Forcing your analysis on the market is like trying to swim against a strong current. You’ll just get tired and lose money.
The easiest and smartest way to win in trading is Go with the flow. Let the chart tell you the story. Watch the sentiment. And move with the market, not against it.
$BTC at $140K | $ETH at $4500 | $SOL at $350 — 01.10.2025
Most people will call me crazy for what I’m about to do... But I’ve seen this setup before — in 2017 and again in 2021. This looks like the top. And that’s why I’m selling everything before October. 👇🧵 #ETH #SOL #CryptoTop #MarketCycles #CryptoWisdom